Enterprise Products Partners L.P. (NYSE:EPD) : Currently there are 18 street experts covering Enterprise Products Partners L.P. (NYSE:EPD) stock. The most bullish and bearish price target for the stock is $44 and $29 respectively for the short term. The average price target of all the analysts comes to $32.78. The estimated standard deviation from the target is $3.46.
Other Equity analysts have also commented on the company shares. Bernstein initiates coverage on Enterprise Products Partners L.P. (NYSE:EPD).The analysts at the brokerage house have a current rating of Outperform on the shares. In a recent information released to the investors, Bernstein announces the price target of $33 per share. The rating by the firm was issued on May 11, 2016.
Enterprise Products Partners L.P. (NYSE:EPD): stock turned positive on Thursday. Though the stock opened at $29.02, the bulls momentum made the stock top out at $29.43 level for the day. The stock recorded a low of $28.77 and closed the trading day at $29.42, in the green by 2.37%. The total traded volume for the day was 4,443,623. The stock had closed at $28.74 in the previous days trading.
The company shares have dropped -4.80% from its 1 Year high price. On Jul 14, 2015, the shares registered one year high at $31.17 and the one year low was seen on Jan 20, 2016. The 50-Day Moving Average price is $27.42 and the 200 Day Moving Average price is recorded at $24.79. On the companys insider trading activities, Williams Randa Duncan, director 10% owner of Enterprise Products Partners L P, executed a transaction worth $240,000 on March 8, 2016. A total of 10,000 shares were purchased at an average price of $24. The Insider information was divulged by the Securities and Exchange Commission in a Form 4 filing. The information is based on open market trades at the market prices.Option exercises are not covered.
Enterprise Products Partners L.P. is a provider of midstream energy services to producers and consumers of natural gas, natural gas liquids (NGLs), crude oil, petrochemicals and refined products. The Company operates in five segments: NGL Pipelines & Services segment includes its natural gas processing plants and related NGL marketing activities; Onshore Natural Gas Pipelines & Services segment includes approximately 19,300 miles of onshore natural gas pipeline systems; Onshore Crude Oil Pipelines & Services segment includes approximately 5,400 miles of onshore crude oil pipelines, crude oil storage terminals; Offshore Pipelines & Services segment serves drilling and development regions, including deepwater production fields and Petrochemical & Refined Products Services segment includes propylene fractionation and related operations, including approximately 680 miles of pipelines. Its asset portfolio includes 24 natural gas processing plants and 22 NGL and propylene fractionators.